Global insurance M&A reportedly at highest level in four years

A new report by Clyde & Co found that the level of global insurance industry mergers and acquisitions (M&A) has increased considerably in recent times. According to Clyde & Co’s Insurance Growth Report, there were 222 completed M&A deals worldwide in the first half of 2019 up from 196 in the second half of 2018. This represents a 13% increase in M&A deals – the highest increase in the volume of transactions since the first half of 2015. The figure also represents the fourth consecutive six-month period of M&A growth. While the report found that the Americas was the most active region for M&A, with 93 recorded deals, it was Europe that reported the biggest increase in M&A activity – a 40% increase in M&A with 88 completed deals in H1 2019 compared to 64 in H2 2018. Of the European countries, France was leading in terms of insurance M&A activity and the second most active worldwide just behind the US. France is then followed by the UK and Spain.

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